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Economic Indicators Released Overnight
Nothing of note data-wise overnight as markets dry up ahead of Powell's speech at Jackson Hole on Friday.
Media filled with Zelensky's suit etc shows it's summer holidays and investors are not going to get involved unless there's a really good reason to.
Wall Street ends on muted note ahead of Jackson Hole summit, retailers' earnings [Reuters]
US Equities
Trump moves to arrange meeting between Zelenskyy and Putin [FT]
Trump Says US, Europe to Coordinate on Ukraine Security [Bloomberg]
BTC tags return to the scene of the crime and then rallies, but direction is down short-term.
Gold too, direction is down, looking for long-term support.
DXY holds the minor support for now but a break will see prices heading to 95.00 fast.
Bond yields globally are rising, and the deflationary bust in China seems to have broken, as 30 year yields rising after PBoC's comments overnight. Their fear of markets is still greater than their fear for the economy so no good news in sight.
China 30 Year Bond Yield Daily
Hard to be a buyer of equities at all time highs and with zero momentum. Revisiting the scene of the crime will be a good test of retail.